Resolutions at Sleep Cycle’s Extraordinary General Meeting on 11 November 2026

Resolutions on the number of auditors and deputy auditors, auditor’s fees and election of auditor

The meeting resolved that the Company shall have one auditor without deputy auditors, that the auditor’s fees shall be paid in accordance with approved invoices, and to elect the registered accounting firm Ernst & Young AB as auditor for the period until the end of the next annual general meeting, with Andreas Mast as auditor in charge.

Resolutions to carry out the acquisition of Audiowell AB

In order to implement Sleep Cycle’s acquisition of all shares in Audiowell AB, announced on 9 October 2026, the meeting resolved to amend the limits for the share capital and the number of shares in the Articles of Association and to issue not more than 92,042,212 new shares to Audiowell Group AB at a subscription price of SEK 24.50 per share, to be paid in kind through the contribution of all shares in Audiowell AB. The resolution on the new issue was conditional upon approval from foreign direct investment (FDI) authorities, which has been obtained.

Upon completion, the number of shares and votes in Sleep Cycle will increase from 20,277,563 to 112,319,775, corresponding to a dilution of approximately 82 per cent. Audiowell Group AB will thereby hold approximately 82 per cent of the shares and votes in the Company and will be obliged to make a mandatory public offer for the remaining shares.

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